I sold at $7550, am I screwed or will it at least go back down to $7500?
It is a wrong decision you have made. Why do you sell it for $ 7500? You don't trust Bitcoin, and you sold it as soon as it reached $ 7500? I may have to tell you that Bitcoin will never return to $ 7500 again. Bitcoin is still rising and continues to rise, wait for some price adjustments, and you can rebuy Bitcoin at a lower price.
This is not about "trusting" bitcoin. The OP probably bought at $4K and he decided to sell at $7K, was that really a bad decision? Nobody knew exactly where the price is going. Last year, a lot of people are saying bitcoin will never go below $10K again and then what happened next? Those who "trusted" bitcoin got rekt so bad.